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Profit Sharing 26 Rumors and Guesses

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View Poll Results: 2026 Profit Sharing Guess
6.7/6.9 depending on stage of life
5.66%
< 8
8.96%
9
34.43%
10
39.62%
11
6.60%
> 11.8
4.72%
Voters: 212. You may not vote on this poll

Profit Sharing 26 Rumors and Guesses

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Old 02-16-2026 | 07:14 AM
  #181  
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Originally Posted by Joe Bauers
So, you're not working as long as you can and want the government to take up the slack?
As expected you didn’t answer the question.
Old 02-16-2026 | 07:15 AM
  #182  
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Originally Posted by CX500T
At what point am I "too rich" to collect on the SS benefit I paid into for 50+ years.

Why should I not get SS benefits when someone who paid the same in taxes but never invested a dime and spent every dollar they made would?
yeah and why are the few million upper middle class people (who slaved away for 10 years getting the qualifications to earn an upper middle class income) expected to fund the retirement of people who can’t or won’t take care of their own retirement. SS is an important system which saves people from destitution, but telling a big group they can’t participate in the end because they have too much already?

There are about a thousand Americans who live like absolute gods while avoiding any kind of tax using an army of accountants to shield themselves from having to contribute. Guy should be directing his ire at them not us modern day kulaks who expect to receive a benefit they’ve funded their whole life, despite maybe having a little extra money saved on the side.
Old 02-16-2026 | 07:22 AM
  #183  
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Originally Posted by Gunfighter
Please educate me it's been a few decades since I held any licenses. You can read all about insurance below.

https://www.ssa.gov/policy/docs/prog...-programs.html
Did all of the people that you sold policies to collect on them?
Old 02-16-2026 | 07:24 AM
  #184  
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SS is a safety net. Do you guys think that you should be entitled to food stamps?

Means testing is going to happen. The angry masses are more important to the politicians than the few wealthy people.
Old 02-16-2026 | 07:26 AM
  #185  
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Originally Posted by Joe Bauers
SS is a safety net. Do you guys think that you should be entitled to food stamps?

Means testing is going to happen. The angry masses are more important to the politicians than the few wealthy people.
Could you please address the specific points made? Literally, quote the posts made against your point and argue the specific words of those posts. That would be much more productive for you.
Old 02-16-2026 | 07:38 AM
  #186  
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Originally Posted by Joe Bauers
SS is a safety net. Do you guys think that you should be entitled to food stamps?

Means testing is going to happen. The angry masses are more important to the politicians than the few wealthy people.
Close, but not quite. A safety net is included as part of the social security system. No one is arguing against the safety net, we all had that net under us while working. It's the amount paid over and above the cost of the net that we want returned in retirement.

We already have means testing. If you are collecting SS AND have earned income above a threshold, your SS benefits are reduced.

*I was never promised food stamps in exchange for 12.4% of my wages.
Old 02-16-2026 | 07:48 AM
  #187  
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Originally Posted by Viper25
Could you please address the specific points made? Literally, quote the posts made against your point and argue the specific words of those posts. That would be much more productive for you.
This isn't a topic that you can do a line-for-line debate on. It comes down to values which is of course very subjective.

Old 02-16-2026 | 07:49 AM
  #188  
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Originally Posted by CX500T
At what point am I "too rich" to collect on the SS benefit I paid into for 50+ years.

Why should I not get SS benefits when someone who paid the same in taxes but never invested a dime and spent every dollar they made would?
no doubt joe also believes any mil pension would go away if one retires with $5 mil+. after all, you don’t need it and the poor people do. why is this any different, joe?
Old 02-16-2026 | 07:58 AM
  #189  
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Originally Posted by Joe Bauers
SS is a safety net. Do you guys think that you should be entitled to food stamps?

Means testing is going to happen. The angry masses are more important to the politicians than the few wealthy people.
No, it's not a safety net, in the retirement sense. SS disability is a safety net. Welfare is a safety net. SS retirement is a mandatory collective retirement system that we ALL paid into, speficically 6.2% of my income up to $184,500 of earnings.

So, what you are saying is that I should pay $11,439 so others can benefit, but not me? (Not to mention the $11439 the company will also contribute - Self employed get the privilege of contributing BOTH halves of that.)

If only Bush's proposal to partially privatize SS had been implemented, we wouldn't even be having this discussion, as SS would be fully solvent. But, here we are.

I will have paid multiple hundreds of thousands of dollars into SS over 50 years of working. Sorry, I fully expect to get something meaningful back on that, not just 'donate it to the cause'.
Old 02-16-2026 | 08:04 AM
  #190  
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Originally Posted by StoneQOLdCrazy
Our PS formula is now industry-standard, and you want to give it up? C’mon, man

Come to think of it, pretty much everything in our contract is industry-standard except trip coverage. So we have no excuse to do anything but improve.
You're going to be way more specific on the trip coverage thing. Most other outfits have trip coverage that would be completely unacceptable here.
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